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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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17967886 No.17967886 [Reply] [Original]

>LET THE OIL BODIES HIT THE FLOOR
>LET THE OIL BODIES HIT THE FLOOR

LET THE OILED BODIES HIT THEEEEEEEEEEEE

>> No.17968029

>>17967886
Oh fuck

>> No.17968041

>>17967886
I made $1.200.000 by shorting

>> No.17968049

SUB 20 AAAAAAAAAAAAAAAAAAAHAHAAAAAAAAAAAAAAAAAA
GET IN HERE TRUCKCHADS GAS IS GONNA BE SUB 1.50

>> No.17968072 [DELETED] 

>>17967886
this is good for GUSH

>> No.17968082
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17968082

>>17968041

>> No.17968113
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17968113

>>17967886
TFW the only stocks I own are oil and I bought a bunch more MRO today right before it tanked

>> No.17968156

i was thinking of buying
yikes

>> No.17968157

>>17968082
My girl doesn't know.
I want her to break up with me how do?

>> No.17968191

>>17967886
BUY BUY BUY BUY BUY BUY BUY BUY...

>> No.17968246

>>17968113
same bruh, just sold

>> No.17968303

>>17967886
Already confirmed, I will be out of work by the end of the month.

t. AlbertaOilBro

>> No.17968360

>>17968246
Fuck that I'm not selling. I longed so I could reap the benefits when it goes back up and I'm still convinced it's going back up. Eventually.

>> No.17968374

>>17968041
1$ and 20¢

>> No.17968400
File: 507 KB, 1070x601, 33481015d04b3974f9ed7acf616592901b13507ebdabf48ee1d6d09d63acc2c4.png [View same] [iqdb] [saucenao] [google]
17968400

>>17967886
IT'S REALLY FUCKING OVER, ALL OF THIS HAPPENED BECAUSE A BUNCH OF DUMB FUCKING ELDERLY RETARDS WANTED TO EAT A GOD DAMN FLYING RODENT

>> No.17968442

Legit question, how low is this going to go? I want to start buying these lows but not if it's going to hit 15 or that magic number of 11.

>> No.17968532

>>17967886
Fuck me my old man works on a rig and pays my phone and insurance

>> No.17968553

>>17968442
It's going negative

>> No.17968558

Holy fugggggg

>> No.17968610

>>17968072
Gush reverse splits on Monday though. What’s so good about buying now, unless you know something I don’t?

>> No.17968643

>>17967886
>biggest slide since the Gulf war
Connect the dots you niggers. A war with Iran is coming VERY soon. Saudi whales are currently cashing out and crashing everything

>> No.17968716

serious question
can I buy this?

>> No.17968803

>>17968643
No joke the economy needs to crash so unemployment goes up then we can get more people to join the military. Only then will we declarece war on Iran.

>> No.17968814 [DELETED] 
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17968814

>>17968716
ofc

>> No.17968862

>>17968532
Which company? Subcontractor? If he works directly for one of the oil majors he's probably ok

>> No.17968875
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17968875

JUST

>> No.17968931

>>17968442
Buy at 10, oil wars are savage

>> No.17968949

>>17968803
Interestingly, Iran was also the second country to have a major breakout of this virus. You are correct though, a major downturn is perfect for recruiting more troops.

>> No.17968974

>>17968803
>recruiting troops in what is considered the nuclear death knell of US Foreign Policy
>while recruitment has been dropping like a rock for a decade

4D Chess Neo-Con strategy

>> No.17969046

Bros the only thing keeping my shitty country from imploding is oil revenue. This is going to gave untold consequences

>> No.17969293

>>17969046
What country do you live in?

>> No.17969318

>>17969293
Algeria

>> No.17969393

>>17969318
Best of luck fuck Saudis

>> No.17969565

>>17968049
feels good. my last fill-up was <$100.

>> No.17969661
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17969661

>>17967886
>tfw DWT

>> No.17969788

>>17969661
holding it over the weekned or nah?

>> No.17969819

>>17969788
hard to say man, can't see the price war cooling off anytime soon
just exited SQQQ
going try to do some quick thinking

>> No.17970377

>>17968400
This is Saudi and russia dumping oil, dude.

>> No.17970875

>>17967886
>lower gas prices are bad
but thats wrong retard

>> No.17970975

>>17970875
t. Donald

>> No.17971039

>>17968610
sauce?

>> No.17971370

>be oilprice
>sit extremely low
>US comes in and eats the orderbook in one fell swoop
>sit 24% higher
>wonder what happens next

>> No.17971423
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17971423

FUCK OIL WE SHOULD GO FULL NUCLEAR

>> No.17972348

>>17971039
You can google it, it’s already been announced.
They’re doing a 40 for 1 split, I’m in with about 225 shares right now and I’m trying to find a good moment to sell, I don’t want it to consolidate into 5 shares and then just drop again

>> No.17973462

>>17968553
What would the implications be of this?
How can I get barrels of crude delivered to my house?

>> No.17973597

So oil is cheap, travel is cheap, metals are cheap and everything is cheap. Yet at the same time FEDs are handing out cash like candy. What the actual fuck is going on?

>> No.17973639

>>17973597
Crash:
1) Deflation <--you are here
2) Inflation

>> No.17973678
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17973678

>current fuel price about €1.2 per liter
>oil drops to $0 per barrel
>fuel price goes to €1.15
Thanks Estonia

>> No.17973704

how do i profit off this?

>> No.17973732

>>17973704
Buy oil and wait.

>> No.17973795

>>17973597
>>17970875
The US is the top producer of oil.
Read that sentence again and think carefully.

>> No.17973830

>>17967886
Can anyone explain what all the different types of oil mean? I know WTI is US oil, Brent is euro oil, what about Crude? And where's the arab oil? Why are they all heading in widely different directions right now?

>> No.17973870
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17973870

>>17967886
I have 3000 puts against Exxon. Strike 23 USD. Expires 3 months from now. About 20% OTM. Am I a retard?

>> No.17973915

>>17973732
what are you guys buying? i have calls on USO for 1/2022, im wondering how they are so cheap. do people really think this oil war is going to last another 1.5 years?

>> No.17974009
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17974009

>>17968049
TRUCK YEAH

>> No.17974010

>>17967886
Fine by me. I didn't think gas would ever be <$2 in my lifetime.

>> No.17974081
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17974081

>>17968400
Fucking bat soup anon

>> No.17974121

>>17973870
Yes, because large companies like XOM or shell have hedged their production at pre crash levels for 1+ years

Better move would be to short one of the smaller, more leveraged companies.

>> No.17974157

>>17974121
So, you don't think they are going to cut their dividend? Also, I can only buy warrants from shitty investment banks. The underlyings I can pick are very limited. But okay, tell which which big oil company should I short?

>> No.17974202

>>17974157
cutting their dividend or not doesnt matter if you're 20% otm, lol

you may have missed the boat on shorting oil. Maybe long USD/RUB? Russia is being crushed

>> No.17974269

>>17974202
Lol. The entire world is about to go into lockdown. Oil demand is going to zero, price war be damned. Also, the market is not rational. If XOM cuts their dividend in half, why wouldn't the stock tank? Also three months is an eternity in Corona-Time. Do you understand how utterly fucked we are?

>> No.17974290

>>17973462
they have to pay you to give the barrels to you when it goes negative

>> No.17974344

>>17973732
Thisboil war isn't even close to being over. Buy things like Disney or MGM. Sell mid May. Buy oil with profits. Sell after rise. Buy cruise and airline stock last.

>> No.17974535

>gas pump pay u

>> No.17974650
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17974650

>tfw no f-250 to guzzle cheap gas
why did I do it bros? I bought a Ford Focus

>> No.17974687

>>17974650
Go trade it in. You will get a good deal now

>> No.17974746

>>17968157
i achieved this by ignoring her needs daily for years until she finally caved in and broke up with me

>> No.17974758

>>17974269
lmao doomcuck people will go back to normal in <6 months MAX.

>> No.17975639

>>17971423
Not enough uranium

>> No.17976486

>>17971423
Cant get polymers and plastics from nuclear, solar, or wind or whatever.

>> No.17976633

>>17968157
>>17968041
post proofs
also, how many taxes would you have to pay on that?

>> No.17976779

>>17975639
There is ample uranium and the neat thing about nuclear is that you can breed an infinite supply of more fuel. Sadly as a species we can’t even manage a fucking flu so maybe it’s not the greatest idea.

>> No.17976861

>>17968949
The US are also not lifting their tariffs on Iran which is making it harder for the country to deal with the issue. US could flex some democracy on them after this pandemic and the country is weakened.

>> No.17976875

>>17976779
fucking this, cant believe so many faggots don't understand that you can literally transmute nuclear waste back into fuel through breeder reactors. fucking alchemy, all it takes is moving around neutrons

>> No.17976891

>>17968157
Find an alpha male to save her life

>> No.17976945

>>17968532
Time to man up

>> No.17976959

>>17968803
Recruiter here. I’ve been saying this for 18 months

>> No.17977170

>>17974290
Kek

>> No.17977504

>>17967886
>tfw im from a subhuman country and I cant buy oil/Gold/airlines stocks
Cryingalexjones.jpg

>> No.17977519

>>17976891
>>17976945
>>17976959
>>17977170
>4 different posts to reply to 4 different posts
blatant boomer

>> No.17977544

remove THE it ruins the rhythm.
>LET OILED BODIES HIT THE FLOOR
sounds better desu

>> No.17977567

>>17976633
He can't even cash out now if that is the case

>> No.17977647

>>17967886
I went to get gas today, and at some point I had to just stop pumping, because the price to gallons I was getting just felt weird.

>> No.17977699

>>17969318
I thought it was Venezuela

>> No.17977842

>>17971423
Absolutely based but not worth in a world of cheap LNG, much less with oil so ridiculously cheap

>> No.17978049

>>17976486
DUDE WEED PLATIC BROOOOO LIKE BROOO PEANUT BUTTER MAAAANN

>> No.17978224
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17978224

The industry that provides the lifeblood of industrial civilization is insolvent

People need to be taking this a bit more seriously, they can bailout the airlines but what's the point when there is no jet fuel

>> No.17978247

>>17978224
Saudi ain't going insolvent

>> No.17978336

>>17978247
They will face revolution if they can't provide welfare to their spoiled exponentially increasing population, and if that happend look at what happened to Venezuela and their production

I think we are entering the industrial civilization doom loop
>economic crash, demand falls
>oil prices too low for companies/OPEC governments
>go bust
>price skyrockets due to shortages
>restart production
>economic crash, demand falls...ect

AKA the way it's always been but now production will be trending downwards as we have tapped all the good oil and shale/oil sands were the last resort, hopefully Elon Musk succeeds in his vision

>> No.17978366

>>17978336
Venezuela was a blatant CIA-backed colour revolution. Compare to Saudi Arabia.
The US gov literally shut down all petitions to sanction Saudi Arabia over oil dumping